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SARFARAZ AHMED versus NATIONAL BANK OF PAKISTAN

Banking Companies (Loans, Progress, Credit and Recovery of Financial Issues) Ordinance 1997 Sections 9, 11 & 16 Suit Property Sales Certificate Appeal Against Trial Court Order / Auction Buyer's Offer to Purchase Suit Property Accepted and ordered to issue certificates in favor of the auction buyer for sale, the auction buyer filed with the banking court that he, along with other vendors of the suit property, had purchased the suit property in the name of a private company. Formed a company. The auction buyer prayed in his request that the company and the bidder be submitted, and upon acceptance, that the private company was incorporated and the certificate of the corporation was also issued. Issue a sales certificate in favor of the selling company. The auction buyer, but the banking court rejected the prayer and confirmed the sale in the individual's name. The receipt of the money was related to it, otherwise it would not be illegal to issue a cell certificate in his favor. One of the directors' appeals to the newly formed company whose auction buyer was allowed by the High Court and the banking court's order was changed to the extent that the banking court would issue a cell certificate in favor of the company, such as the appellant. Pray with law firms from Kakul lawyer